Articles under ‘MLM Reviews’:

MyDigital6 Review: Chain email scam model + bitcoin

MyDigital6 provides no information on their website about who owns or runs the company. The MyDigital6 website domain (“mydigital6.is”) was privately registered on May 3rd, 2018. Marketing videos on the MyDigital6 website are hosted on “The Wealth Paladin” YouTube channel. Two of the five videos on the channel are MyDigital6 promos. The other three videos [Continue reading…]


Earn Easy Commissions Review: Pay to play internet marketing

Earn Easy Commissions reference someone in charge by the name of “Chuck”. Further research reveals this to be Chuck Nguyen, who on Twitter cites himself as an “Aussie internet marketer”. In late 2016 Nguyen (right) launched The Digital Elites Academy. The Digital Elites Academy was a typical “we’ll teach you how to make money” subscription [Continue reading…]


PHP Agency Review: Life insurance & recruitment?

PHP Agency was launched in 2009 and operates in the insurance MLM niche. The company is based out of Texas and headed up by CEO and Founder, Patrick Bet-David. As far as I can tell, Bet-David (right) began promoting himself as a financial advisor following a stint at Morgan Stanley Wealth Management. According to Bet-David’s [Continue reading…]


IQ Chain Review: Ormeus Global Ponzi spinoff?

Ormeus Global launched last year as a trading bot 160% ROI Ponzi scheme. As MLM cryptocurrency schemes are want to do, Ormeus Global also launched its own pump and dump altcoin. Ormeus Coin began public trading around October, 2017. After pumping at around five dollars in late November, Ormeus Coin dumped to just over a [Continue reading…]


Bitdax Global Review: Token-based cryptocurrency Ponzi scheme

Bitdax Global claim to be a Fintech institution registered offshore to provide research, financial partnerships to blockchain start ups and in housed developers in AI Application in trading. The only reference to a corporate address is in Bitdax Global’s Terms and Conditions. The UK address provided however belongs to Blue Square Offices, a virtual office [Continue reading…]


Comodius Bank Review: Onix Ponzi points investment scheme

Comodius Bank operated in the cryptocurrency MLM niche and claims it was established in 1994. This is easily debunked with a quick domain check, which reveals the Comodius Bank website domain (“comodius.biz”) was only registered a few days ago on May 25th. Comodius Bank provide a list of executives on their websites. While the photos [Continue reading…]


Mazebits Review: Bitfinite ICO lending Ponzi reboot

Mazebits provide no information on their website about who owns or runs the business. The Mazebits website domain (“mazebits.co”) was privately registered on January 25th, 2018. Further research reveals Mazebits marketing material citing the company as a “rebranding” of the Bitfinite ICO lending Ponzi scheme. This is supported by content on official Mazebits social media [Continue reading…]


Westland Storage Review: Crypto Ponzi with WLS token exit-scam

Westland Storage provides no information on its website about who owns or runs the business. The Westland Storage website domain (“westlandstorage.com”) was first registered in 2005. The registration was last updated on May 9th, 2018 but provides no information about the domain’s owners. A visit to the Wayback Machine confirms the current version of the [Continue reading…]


Bitworld Center Review: 300% ROI bitcoin mining and trading Ponzi

Bitworld Center provide no information on their website about who owns or runs the business. The Bitworld Center website domain (“bitworldcenter.company”) was privately registered on April 2nd, 2018. Further research reveals multiple affiliates claiming Bitworld Center is a “Brazilian company” operated by Macio Silver. Possibly due to language barriers, I was unable to find anything [Continue reading…]


CryptoRound Review: Cryptocurrency mining daily ROI Ponzi scheme

CryptoRound provide no information on their website about who owns or runs the business. The CryptoRound website domain (“cryptoround.biz”) was privately registered on May 20th, 2018. CryptoRound provide a bogus UK incorporation certificate for “CryptoRound Investment Pvt. Ltd.” on their website. Legitimate UK incorporation certificates are bad enough. Fake UK incorporation certificates all but confirm [Continue reading…]